November 2021 – Anaheim, CA – Craftech EDM Corporation of Anaheim, California has recently been acquired by Nashville, TN-based Sage Park, a global, operations-focused acquisition group.

Craftech specializes in the engineering and production of advanced plastic components for medical, life sciences, high-tech, and consumer applications.

“Since our founding in 1979, Craftech has strived to be a leader in the industry for complex, highly-engineered plastic components to the world’s leading OEM customers.” Said John Butler, founder of Craftech. “This transaction is a logical next step for the Company and will enable Craftech to succeed and thrive for many years to come.”

“Craftech is a continuation of Sage Park’s strategic commitment to partner with management teams while driving business value through operational excellence,” said Brian J. Perrault, Managing Director, Sage Park.

Craftech will continue operating and servicing customers from its state-of-the-art facilities in Anaheim, California, and Tijuana, Mexico. The company’s existing leadership team will continue under Sage Park’s ownership.

Plastics-focused investment banking firm MBS Advisors of Florence, MA represented Craftech EDM Corporation in the transaction.

Excerpts from above were taken from Sage Park’s press release.

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